Ceramic Fuel Cells Regulatory News (CFU)

18 Dec 2007 07:02

Ceramic Fuel Cells Limited18 December 2007 18 December 2007 Ceramic Fuel Cells Limited Ships a NetGenPlusTM unit to EWE Ceramic Fuel Cells Limited ("CFCL"), a global leader in fuel cell development,has shipped a NetGenPlusTM unit to its utility partner EWE as part of itsagreement to develop micro-combined heat and power (m-CHP) products for Germany. NetGenPlusTM is CFCL's next-generation m-CHP system designed to generateelectricity and provide hot water and central heating for homes and smallbusinesses. It is powered by CFCL's advanced metal-ceramic fuel cell stack,running on widely available natural gas. The NetGenPlusTM unit can be easilyconnected to existing gas and electricity networks and has similarcharacteristics to its predecessor, NetGen, with the more powerful Gennex fuelcell module installed inside. In November, CFCL's NetGenPlusTM unit was awarded CE approval, enabling the units to be deployed both in field trials and on acommercial scale throughout Europe. In March this year, CFCL formed a three-way product development agreement withEWE, one of Germany's leading energy suppliers, and Bruns Heitztechnik, aspecialist boiler manufacturer, to design and construct 1kW systems for theGerman residential market. The NetGenPlusTM unit will be installed at thepremises of Bruns Heiztechnik, CFCL's German appliance partner. CFCL has alreadyinstalled one NetGenTM unit at Bruns and one at EWE as part of the first phaseof their three-way agreement to develop m-CHP products for Germany. Commenting, Brendan Dow, Managing Director of Ceramic Fuel Cells, said: "The first delivery of our most advanced micro-generation unit to EWE representsa further step towards commercialisation. We look forward to working with EWEand our other partners in the coming months to continue the development of ourCHP product for Germany." CFCL's utility partners combined have more than 20 million customers acrossEurope. CFCL expects to ship NetGenPlusTM units to its other utility customersand appliance partners, Gaz de France, Remeha / De Dietrich, Nuon and E.ON UKLtd in the coming weeks. For further information please contact: Ceramic Fuel CellsAndrew Neilson Tel: +61 419 950 771 Email: investor@cfcl.com.au Hogarth Partnership (PR for CFCL) Tel: +44 (0) 20 7357 9477Sarah MacLeod / Sarah Richardson / Vicky Watkins Libertas Capital (NOMAD for CFCL) Tel: +44 (0) 20 7569 9650Aamir Quraishi / Andrew Hardy Ceramic Fuel Cells Limited is a world leader in developing solid oxide fuel cell(SOFC) technology which can provide reliable, energy efficient, high-quality,and low-emission electricity from widely available natural gas and renewablefuels. CFCL is developing SOFC products for small-scale on-site micro combinedheat and power (m-CHP) and distributed generation units that co-generateelectricity and heat for domestic use. CFCL is listed on the London StockExchange AIM market and the Australian Securities Exchange (code CFU). www.cfcl.com.au This information is provided by RNS The company news service from the London Stock Exchange